November 22, 2024
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ICAP

SECP

SECP defers implementation of expected credit loss model of IFRS 9 for circular debt

The Biz Update01 mins

ISLAMABAD, November 11, 2024: The Securities and Exchange Commission of Pakistan (SECP) has announced a temporary deferment of the Expected Credit Losses (ECL) Model, under International Financial Reporting Standard (IFRS)-9 ‘Financial Instruments’, for companies holding financial assets directly or indirectly owed by the Government of Pakistan in connection with inter-corporate circular debt. This deferment extends…

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ICAP prepares to kick off the NFO 2019

The Biz Update03 mins

Karachi, December 9, 2019: The Institute of Chartered Accountants of Pakistan (ICAP), in collaboration with Unilever Pakistan, is organizing National Finance Olympiad (NFO) for the fifth consecutive year. It is the flagship event of the Institute and is one of the biggest Finance Competitions in the country. The competition attracts finance professionals participating as teams, from…

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Corporate and sustainability report 2018 awards organized by ICAP & ICMAP

The Biz Update07 mins

“High-quality, transparent financial reporting is fundamental to building trust in the capital markets and to making investment decisions.” Karachi, August 20, 2019: The Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountant of Pakistan (ICMAP) organized Best Corporate and Sustainability Report 2018 Awards at a local hotel on 20th August 2019. More than 40…

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